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Microcap & Penny Stocks : Globalstar Telecommunications Limited GSAT -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Vayda who wrote (6408)8/10/1999 9:24:00 AM
From: Valueman  Read Replies (1) | Respond to of 29987
 
Spin spin spin!

I doubt we see $500 handsets. Airtouch actually wants to make a profit selling the phones for $1500! Rates competitive with existing terrestrial operators? Give me a break! Rates of $1.50-$2 arte not competitive with Iridium, let alone anyone else! The call of "no worries" out of Airtouch makes me worry. Our handset estimates shrinks with each given day while our rollout heads far to the right. Delays costs money, and G* has very little excess cash. Delayed rollout, marketing blunders, no handsets--shape up G*. You are NOT Iridium!